Audit & Assurance

As you would expect from an accountancy and business advisory firm of the size and reputation of Wylie & Bisset, we provide an audit service at the highest technical level for all of our clients.

Our audit approach is designed to add value to the audit process through pro-active reporting to the Board of Directors and those charged with Governance. Our audit reporting includes a detailed commentary on areas for improvement in the company's systems and control environment.

We believe in a partner-lead service, which means that our clients' service needs are satisfied on an ongoing basis by partners and senior staff rather than by junior members of staff.

We agree the audit timetable with clients in advance of the commencement of the audit so that all deadlines are met. Wylie & Bisset place strong emphasis on senior personnel planning the audit to ensure that the scope of the audit is fully understood before the fieldwork commences. We hold a formal planning meeting with our audit clients to agree the audit plan and to ensure the scope of the work is agreed in advance.

We base our approach on identifying key areas which demand close attention and focus on these rather than on areas which do not require such detailed scrutiny. We start by obtaining an understanding of the entity's accounting systems and report any possible improvements to the systems through our annual audit management letter. The management letter will also include a review of the key points arising from the audit. As part of our service we hold a formal audit close out meeting to discuss the final draft of the statutory accounts. If required, we would also attend any Board or Committee meetings at which the accounts were to be discussed to explain any issues arising or to answer any questions.

Next Event

The period leading up to the tax year on the 5th April is one of the best times to review your taxes and finances. Download our summary of the more important year-end tax tips to help you identify areas that should be considered

Tax Planning Supplement - 2010

Budget 2010 Download our comprehensive guide to the Chancellors Budget 2010.

2010 Budget Report

News for Charities
Our next charity seminar is scheduled to take place on Wednesday 3rd November in Glasgow. Further details will be posted in the Summer.

Training Workshops Our internal audit team are currently offering a programme of training workshops. Click Training Workshops for more details.

Free Meeting Room Hire through Wylie & Bisset

Companies Act Implementation Oct 2008 - An outline of the changes

Capital Allowances The New Rules

Latest News

Thu 2 September
UK debt needs long-term fiscal reform

The UK’s debt compared with gross domestic product could almost double from its 2007 levels by 2015, the International Monetary Fund (IMF) has said.

Wylie & Bisset LLP, a limited liability partnership is registered in Scotland (No. So 301911).
Registered Office: 168 Bath Street, Glasgow, G2 4TP
Where the expression "partner" is used this means a member of Wylie & Bisset LLP Registered to carry on audit work by the Institute of Chartered Accountants of Scotland Firm Member of Insolvency Practitioners Association.